Slight rise in retail spending and trade

Submitted 14/10/2010

Migration for Business Growth

 

Figures released by the Australian Bureau of Statistics reveals a small increase in local retail trade and international trade.

Retail turnover in South Australia for August 2010 was 0.1 per cent higher (seasonally adjusted) than the previous month's figures.

This compares to the national retail turnover which had a 0.3 per cent increase during the same month.

International trade figures released indicate an increase in exports for South Australia in August.

Nationally, the balance of goods and services for August was a surplus of $2.35 billion (seasonally adjusted), from a revised $1.74 billion surplus in July.

South Australian exports increased 4.8 per cent in August, while imports followed the national trend and decreased by 11.6 per cent.